Deloitte wins India infra advisory deal

The UK Department for International Development (DfID) has awarded a contract to Deloitte to support the development of an infrastructure pipeline in the eastern Indian state of Odisha.

 

The goal of the Odisha Support to Urban Infrastructure (OSUI) programme is ‘enhanced coverage and quality of basic amenities for urban poor'. 

 

Under the initiative, urban departments and municipalities will be able to leverage domestic and external investments for improved, equitable and climate resilient urban basic services in Odisha. 


One of the outcome indicators for DfID is five PPP deals entered into and reaching financial closure in urban basic services.

 

DfID's support to OSUI requires technical and management support to the Housing and Urban Development Department, Government of Odisha and 13 implementing agencies in Odisha for the implementation of OSUI.

 

The final value of the 24-month contract awarded to Deloitte is £2.9m. The initial estimated total value of the contract was £5m.

 

Meanwhile, Punit Renjen, currently Deloitte US member firm chairman of the board, has been selected as Deloitte Global’s new chief executive officer. Indian-born Renjen will assume the new role on 1 June 2015, the start of Deloitte Global’s new fiscal year. Renjen succeeds Barry Salzberg, who will retire.